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- H.R.948
H.R.948: Common Sense Housing Investment Act of 2017
About This Bill
- Introduced Feb. 7, 2017
- Latest Major Action Feb. 7, 2017
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
9 (All Democrats)
Bill Version
- Introduced in House - Feb. 7, 2017
Bill Summary
Common Sense Housing Investment Act of 2017 This bill amends the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Feb. 7, 2017 |
Referred to House Financial Services
|
| Feb. 7, 2017 |
Referred to House Ways and Means
|
| Feb. 7, 2017 |
Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
|
| Feb. 7, 2017 |
Introduced in the House by Keith Ellison (D-Minn.) |